CoreWeave ~590 MW contract, $10B+ over 12 years

Checked on October 17, 2026. The cited source supports part of this claim, but not all of it.

The deck supports the capacity, sites, take-or-pay structure and revenue figures, but it notes that the Austin contract runs 7 years, not 12.

Confirmed in the source:

• CoreWeave is contracted for ~590 MW of leased power across Denton, Dalton, Muskogee, Marble and Austin
• The CoreWeave arrangement is a take-or-pay contract
• The contract has a 12-year term with two 5-year options
• The contracts carry $10B+ in revenue potential
• The contracts carry ~$850M average annual run-rate revenue

We could not confirm this from the cited source:

• That all five sites are under 12-year contracts; the deck says the Austin, Texas contract term is 7 years

That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.

What we did: Read our cached copy of IR page (investors.corescientific.com) (https://d1io3yog0oux5.cloudfront.net/_b76ddaa46c59e7a64138659274ff5f32/corescientific/db/1066/11266/pdf/Q4+FY25+earnings+deck+vfinal.2+PDF.pdf) in full (13,731 characters, retrieved October 16, 2026) and checked each assertion in the claim against it.

confirms Fourth Quarter Fiscal Year 2025 Earnings Presentation

Quote: “12-year, $10B+ CoreWeave contract, ~$850M average annual revenue run rate”

View cached copy (2026-10-16)Live source ↗Archive.org ↗